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Governor Babajide Sanwo-Olu’s N2.2 trillion 2024 Appropriations Bill was approved by the Lagos State House of Assembly.
Speaker Mudashiru Obasa presided over a plenary on Friday during which the budget was approved, according to a statement issued by the Speaker’s chief press secretary, Eromosele Ebhomele.
During the third reading of the budget report on the House floor, the Speaker said:
“A bill for a law to authorise the issuance and appropriation of N952,430,566,998 from the Consolidated Revenue Fund for Recurrent Expenditure and N1,315,545,553,871 from Development Fund for Capital Expenditure thereby totalling a budget size of N2,267,976,120,869 for the year ending 31st December 2024 be passed into law.”
cc: Punch Ng
